Tags UK

Tag: UK

UK retailers lost £39.4bn during lockdown due to surge in abandoned...

UK retailers have lost out on over £39.4bn in potential sales in the past 12 month, after the value of online abandoned baskets more than doubles since 2018.

B-North edges closer to £20m Series A goal after fresh investment

SME lending bank B-North has raised more than £560,000 for its latest funding round, beating its initial target.

FCA publishes proposals to bolster financial promotion rules for high-risk investments

The UK’s Financial Conduct Authority has published proposals to bolster its financial promotion rules for high-risk investments in a bid to help retail investors make better decisions.

ALT/AVE scores £535,000 to combat paper waste in banking

London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.

The west is facing a ‘moment of reckoning’ on cybersecurity, GCHQ...

The head of GCHQ has claimed the UK and its allies face a ‘moment of reckoning’ where the global direction of cybersecurity may not be ‘shaped and controlled by the west’.

FCA to introduce ‘regulatory nursery’ to boost FinTech oversight

The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.

FinTech Wales eyes global FinTechs with business accelerator launch

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.

UK Chancellor examines case for new ‘Britcoin’ digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.

Fintern scores £32m in a mix of debt and equity

Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.

Yoello scores a undisclosed investment from Hodge

Yoello, which helps businesses accept mobile payments, has received an undisclosed investment from Welsh Bank Hodge.

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